Fixed asset 560000 - salvage value 60000 - production age 10
depreciation using double rate method wull
1- 20%
2- 40%
3 - 30%
4- 60%

Question

Leonard Santiago · Answer

1-20% ***using the double rate method, the straight line gives10% yearly which must be multiplied by2 and get the answer of20%.

Muhammad Asif · Answer

double rate for depreciation will be20%

France Ann Elias · Answer

100% /10 years =10% per year x2 =20% per year

Anil Agarwal · Answer

Depreciation using method20%

Ahmed kandil · Answer

Correct answer is20%
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Anas Dawah · Answer

1- Double declining rate =2/ Useful life =20%